Loanworks CommissionsLoanworks Technologies
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Related Products
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About
Comissio is an insurance-specific commission management platform that centralizes, automates, and streamlines the entire lifecycle of insurance commission processing, tracking, and reporting so agencies can replace manual spreadsheets and fragmented tools with one cloud-based system. It supports single and multi-carrier processing, handles new and recurring commission runs in a single batch, and lets users set customized pay codes, schedules, and hierarchies for agents with varying commission structures. It automates commission calculations, adjustments, and chargebacks, creates ACH files for direct commission payments, and provides real-time dashboards and reporting to improve visibility into beginning balances, advances, recoveries, and ending agent balances. Designed for health, life, and accident insurance businesses, Comissio helps reduce human error, expedite payouts, and simplify complex hierarchies and reconciliation by consolidating data.
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About
An aggregator’s business is built on relationships. And commission payment is one of the most important interactions between you and your brokers. It needs to be a smooth, efficient, error-free process. But it can be difficult to keep track of multiple brokers and lenders on different commission structures. Manipulating and validating data from various lender files, processing and distributing commission payments to various recipients – all of this is time-consuming, expensive and open to error. You need a solution that handles it all automatically, keeps up with the changing needs of your business and doesn’t involve massive investment in labor. But it has to be built on an intimate knowledge of the aggregator business model – not only the mechanics of payment but also detailed, up-to-date knowledge of the ever-changing compliance environment.
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Audience
Insurance agencies, carriers, FMOs, and finance teams that want a dedicated platform to automate, track, and report commission calculations and payouts accurately
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Audience
Anyone searching for a commissions processing system
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Support
Phone Support
24/7 Live Support
Online
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Support
Phone Support
24/7 Live Support
Online
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API
Offers API
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API
Offers API
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Screenshots and Videos |
Screenshots and Videos |
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Pricing
$249 per month
Free Version
Free Trial
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Pricing
No information available.
Free Version
Free Trial
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Reviews/
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Reviews/
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Training
Documentation
Webinars
Live Online
In Person
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Training
Documentation
Webinars
Live Online
In Person
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Company InformationComissio
United States
comissio.com
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Company InformationLoanworks Technologies
Founded: 1998
Australia
www.loanworks.com.au
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Categories |
Categories |
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Commission Features
Affiliate Management
Agency Commission
Commission Calculations
Commission Scheduling
Commission Tracking
Compliance Management
Flat Commissions
Incentive Programs
Multi-Tiered Commissions
Percentage Commissions
Sliding Scale Commissions
Split Commissions
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Integrations
No info available.
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Integrations
No info available.
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